ConocoPhillips: Lean, legacy-focused in 2010
Company plans to spend more on E&P, while cutting costs in the short term, planning $340 million program on Western North Slope; exploitation dollars on infield, peripheral drilling
For Petroleum News
Everyone always wants to know where Alaska fits in ConocoPhillips’ global strategy, and the company gave some clues in presentations and documents in late March.
In short: ConocoPhillips plans to focus on “legacy assets” in the developed world, company Chairman and Chief Executive Officer Jim Mulva....
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$340 million to North Slope
If certainty, then certainly
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